The Ministry of Knowledge Economy said Sunday that it will inject 13.6 billion won ($12.5 million) into securing human resources pool for energy-related fields. Under the program, the ministry said it will support higher education institutions to train energy professionals, and help their research efforts. Overall, the ministry estimates that the projects will produce 3,600 energy professionals...

Volvo Cars Korea is offering free check-ups on air conditioners and engine oil as part of its spring promotion. Available until June 11, the service will run at 12 Volvo Cars Korea service centers across the country where Volvo drivers can receive free filters on engine oil replacement on top of the free check-up. “We’re offering the service so that drivers can ready themselves for more family ...

GM Korea Co. on Tuesday revealed a Chevrolet Aveo sedan, expanding its product lines for sporty compact models. The four-door saloon version kept the same front-end design with twin headlamps and 53-centimeter alloy wheels. The compact sedan offers segment-best trunk capacity that is reportedly is biggest in size among subcompact models out in the market. The vehicle has a price range of 11.09 ...

DETROIT (AP) ― Small cars sold briskly in the U.S. last month, as gasoline prices rose and some buyers worried about shortages of Japanese-made vehicles after the March earthquake there. Analysts expected overall industry sales in the U.S. to increase 19 percent from April of last year. Don Johnson, GM’s vice president of sales and marketing, said consumers shifted into smaller cars starting in...

NEW YORK (AFP) ― Russian-American billionaire Len Blavatnik’s Access Industries won a bidding war on Friday for Warner Music Group, buying the storied music company for $3.3 billion in an all-cash transaction. The sale of Warner Music, whose artists range from current stars such as Eric Clapton and Kid Rock to legends such as Frank Sinatra and Ray Charles, comes at a challenging time for the mus...

Lawmakers of the ruling Grand National Party are taking another crack at curbing the time-old practice of public officials landing high-paying jobs at private companies immediately after retirement. The latest attempt comes in the midst of public anger over officials of the Financial Supervisory Service who have all but monopolized the auditor posts at financial companies after retirement. To a...

Rep. Hwang Woo-yea, an independent-minded four-term lawmaker, was elected new floor leader of the ruling Grand National Party on Friday, signaling a power shift in the party and the collapse of its mainstream faction loyal to President Lee Myung-bak. Hwang beat Reps. An Kyung-ryul and Lee Byung-suk, both from the pro-Lee camp. In the first round of voting, Hwang won 64 votes out of 159, while An...

Last year, California added 28 inmates to the state’s death row, eight of whom were sentenced in Los Angeles County. They aren’t in much danger of an early demise, however, thanks largely to legal delays, including a decision Tuesday by state officials not to pursue executions in 2011. The seemingly never-ending court battles mean that convicts in capital cases are far more likely to die of natur...

Although the Americans have been gloatingly bandying about the death of Osama bin Laden since their “successful” operation at Abbottabad on Monday (May 2), doubts have continued to persist about the man whom they had identified as al-Qaida’s chief before taking his life. In fact, the burial of the body at sea tends to reinforce the suspicion of a questionable identity of the murdered person; if p...

In evaluating Osama bin Laden’s dubious legacy, it is important to note that there was nothing new about religiously inspired terrorism when this rich Saudi exile convened a small group of jihadists in his Peshawar, Pakistan, home in 1988 to found al-Qaida ― an organization designed to carry on the war waged so successfully against the Red Army in Afghanistan. Two of the earliest known terrorist...